Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Sees Large Increase in Short Interest

Banco de Sabadell, S.A. (OTCMKTS:BNDSF) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 997,281 shares, an increase of 337.4% from the April 30th total of 228,018 shares. Based on an average trading volume of 211 shares, the short-interest ratio is presently 4,726.5 days.

Banco de Sabadell Trading Down 15.3%

Shares of OTCMKTS:BNDSF opened at $3.50 on Friday. Banco de Sabadell has a 1 year low of $3.14 and a 1 year high of $4.15. The business has a fifty day simple moving average of $3.76 and a 200 day simple moving average of $3.74.

Banco de Sabadell Company Profile

Banco de Sabadell is a Spain-based banking group founded in 1881 and headquartered in Alicante. It ranks among the country’s largest banks by assets, serving a diverse client base that includes retail customers, small and medium‐sized enterprises (SMEs) and large corporate clients. Over its history, the group has expanded through organic growth and strategic acquisitions to build a comprehensive financial services platform.

The bank’s core business lines encompass retail banking, commercial and corporate banking, private banking, asset management and insurance.